Nassau County  »  11550  »  S Franklin St  »  299 S Franklin St

299 South Franklin Street, Hempstead, NY 11550 - Property report

Also known as: 299 S Franklin St

Property image for 299 South Franklin Street, Hempstead, NY 11550
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Property type

Over 6 Family Apartments (411.12)

Year built

1948

Acreage

6.68

Sale price

$67,528,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
299 South Franklin Street
ZIP code
11550
County
Nassau
Town/City
Hempstead
Village (SWIS code)
Hempstead
Parcel ID
36-486-29

Owner

Find out who owns 299 South Franklin Street, Hempstead, NY 11550. Uncover corporate and individual owners with a free account.

Building
Property type
Over 6 Family Apartments (411.12)
Building sq. ft.
24,568
Buildings on lot
7
Stories
1
Year built
1948
Sales
Sale date
10/14/2021
Sale price
$67,528,000
Arm's length
Tax
Tax year
2026
Tax class
Zoning & Use
Capitalization rate
Area type
Apartment/Condo complex
Lot
Acreage
6.68
Topography
Level
Land
Primary site

Area overview

Walk score
65 /100.  Somewhat Walkable
Transit score
40 /100.  Some Transit
Bike score
64 /100.  Bikeable
School district
1001
Street
Paved
Traffic
Medium

View more such as transportation, nearby schools and risk designations.

Commercial Buildings

Sq. ft. Structure Grade Year built Stories
24,568 Apartments - garden C- 1948 1
23,576 Apartments - garden C- 1948 1
18,980 Apartments - garden C- 1948 1
15,542 Apartments - garden C- 1948 1
10,920 Apartments - garden C- 1948 1
9,558 Apartments - garden C- 1948 1
6,384 Apartments - garden C- 1948 1
Floor distribution
Floors Sq. ft. Use Construction Condition Exterior wall Heating Air conditioning Plumbing
B1-B1 1,797 Support area
B1-B1 3,106 Support area
B1-B1 1,577 Support area
B1-B1 3,154 Support area
B1-B1 1,820 Support area
B1-B1 3,640 Support area
B1-B1 1,577 Support area
01-01 12,284 Apartment
01-01 7,771 Apartment
01-01 5,460 Apartment
01-01 4,779 Apartment
01-01 3,192 Apartment
01-01 9,490 Apartment
01-01 11,788 Apartment
02-02 9,490 Apartment
02-02 5,460 Apartment
02-02 3,192 Apartment
02-02 7,771 Apartment
02-02 11,788 Apartment
02-02 4,779 Apartment
02-02 12,284 Apartment
Ownership

Ownership information for 299 South Franklin Street, Hempstead, NY

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 299 South Franklin Street, Hempstead, NY 11550

Sale date Sale price Buyer name Seller name
10/14/2021 $67,528,000 XXXX XXXX XXXXXXXXX XX XXXX XXXX XXXXX XXX
11/28/2018 $50,000,000 XXXX XXXX XXXXX XXX X/X XXXXXXXXXXXX XXXXXX XXXXX, XXX XXXX XXXX XXXXXXXXXX XX X/X XXXX XXX XXXX XXX

*Most recent sales on record for this property.

More about Nassau County property records.

Title documents

Date Type Amount Party 1 Party 2
02/15/2022 - R
10/14/2021 - D		 Deed
(Deed Commercial/Vacant Land)		 XXXX XXXX XXXXX XXX XXXX XXXX XXXXXXXXX XX
02/15/2022 - R
10/14/2021 - D		 Mortgage
(Supplemental Multifamily Mortgage, Assignment of Leases and Rents and Security Agreement)		 XXXX XXXX XXXXXXXXX XX XXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXXXXXX XX XXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXXXXXX XX XXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXXXXXXX XXX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX XXXX XX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXX XXX XXXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXXXXX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXX XXXX XXXXX XXX XXXX XXXX XXXXXXXXX XX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXXXXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXXXX XX
02/15/2022 - R Deed Agreement
(Agreement Deed)		 XXXXXXX XXXXXXXXX XXXXXXX XXXXXXXXXXX XXXX XXXX XXXX XXXX XXXXXXXXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 299 South Franklin Street, Hempstead, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026
Tax class
Recent tax assessments
Market value
$14,172,200
Assessed value
$141,722
Transitional assessed value
Exemptions

More about Nassau County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2026 $14,172,200 $141,722 n/a
2025 $14,172,200 $141,722 n/a
2024 $14,172,220 $141,722 438.419 $561,075 n/a
2023 $14,172,200 $141,722 n/a
2022 $14,172,200 $141,722 n/a
2021 $13,204,100 $132,041 n/a
2020 $8,268,300 $82,683 n/a
2019 $8,268,300 $82,683 n/a
2018 $8,763,000 $87,630 n/a
2017 $8,763,000 $87,630 n/a
Permits

Permit information for 299 South Franklin Street, Hempstead, NY

No recently recorded permits for this property.

Neighborhood

Hempstead residential market stats

Access a detailed real estate market overview of Hempstead so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Hempstead and compare it to other neighborhoods in Nassau.

Median sale price

$725,000

3.6% Y-o-Y

Median price/sq. ft.

$490

5.8% Y-o-Y

Nassau county median sale price

$800,000

5.3% Y-o-Y

Check out recently sold homes in Hempstead and see how their prices compare.

Demographics by ZIP code

Total population
60,960
Median age
38.8
Average household income
$117,932
Family households
72.5%
People per household (average)
3.33
Occupied housing units
17,895
Owner-occupied units
49.7%
Median year structure built
1957
Median value mortgaged units
$473,000
Median value unmortgaged units
$443,800

Risk

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FEMA flood zones

FEMA flood zones
X

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 299 South Franklin Street, Hempstead, NY 11550 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Neighbors for 299 South Franklin Street, Hempstead, NY

72 W Graham Ave, Hempstead 135 Martin Luther King Dr, Hempstead 39 Circle Dr, Hempstead 35 Circle Dr, Hempstead 90 W Graham Ave, Hempstead 18 Circle Dr, Hempstead 1 Brooklyn Rd, Hempstead 100 Rose Ave, Hempstead 110 W Graham Ave, Hempstead 123 Martin Luther King Dr, Hempstead 129 Martin Luther King Dr, Hempstead 23 Circle Dr, Hempstead 43 Circle Dr, Hempstead 27 Circle Dr, Hempstead 277-281 S Franklin St, Hempstead 35 Brooklyn Rd, Hempstead 4 Circle Dr, Hempstead 10 Circle Dr, Hempstead 14 Circle Dr, Hempstead 31 Circle Dr, Hempstead

Nearby ZIP codes for 299 South Franklin Street, Hempstead, NY

11010, Nassau County, NY 11501, Nassau County, NY 11510, Nassau County, NY 11514, Nassau County, NY 11518, Nassau County, NY 11520, Nassau County, NY 11530, Nassau County, NY 11549, Nassau County, NY 11552, Nassau County, NY 11554, Nassau County, NY 11556, Nassau County, NY 11563, Nassau County, NY 11565, Nassau County, NY 11566, Nassau County, NY 11572, Nassau County, NY 11575, Nassau County, NY 11590, Nassau County, NY 11596, Nassau County, NY

Frequently asked questions

What is the year built for 299 South Franklin Street, Hempstead, NY 11550?

The development at 299 South Franklin Street, Hempstead, NY 11550 was built in 1948.

What is the total square footage of 299 South Franklin Street, Hempstead, NY 11550?

299 South Franklin Street, Hempstead, NY 11550 has a total of 24,568 square feet.

When was 299 South Franklin Street, Hempstead, NY 11550 last sold and what was the sale price?

299 South Franklin Street, Hempstead, NY 11550 was last sold on 10/14/2021 for $67,528,000.

What is the assessed value of 299 South Franklin Street, Hempstead, NY 11550?

299 South Franklin Street, Hempstead, NY 11550 is currently assessed at $141,722.

How many residential units does this building have?

This building has 136 residential unit(s).

Disclaimer

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